by Asad Tariq | 2022, May, 25 | SVCs/STATCOMs
The Middle East has primarily relied on oil and gas resources to meet power needs. However, Middle Eastern countries are gradually increasing the share of renewables in their generation mix. KSA and UAE are the key countries which are actively participating in this...
by Asad Tariq | 2022, May, 19 | SVCs/STATCOMs
China, in pursuit of its economic objectives, has been persistently increasing generation capacity. A significant proportion of demand for FACTS in China is driven by renewables. The STATCOMs market is expected to grow in tandem with the integration of renewables with...
by Saifa Khalid | 2022, May, 18 | Switchgear
Major economies in the Middle East (Saudi Arabia and the UAE) are divesting from the O&G sector and making big investments in diversifying the economy. Huge investments for the development of infrastructure in the region are planned, which, in turn, will be...
by Asad Tariq | 2022, May, 13 | HVDC
The HVDC market has gained traction due to the expansion of renewable energy resources across the globe. In recent years, significant growth in offshore renewables has been witnessed in the EMEA region, particularly Europe. Climate neutrality goals set by nations and...
by Hassan Zaheer | 2022, May, 12 | Energy Storage
Germany has been actively working towards shifting the residential sector to clean energy sources and has offered programs and incentives to the residential consumers of electricity in this regard. KfW, on behalf of the Federal Ministry for Economic Affairs and Energy...